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Microcap & Penny Stocks : IKAR Mining Tungsten iron ore gold silver copper cobalt

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To: Alan Markoff who wrote (578)4/13/1999 5:59:00 PM
From: Joe Algermissen   of 631
 
Check out biz.yahoo.com from late Monday. What's your take on this? It seems like good news to me. Here's the text:

Monday April 12, 7:27 pm Eastern Time

Company Press Release

Ikar Mineral Corp. Makes Announcement

NORTH VANCOUVER, B.C.--(BUSINESS WIRE)--April 12, 1999--Ikar Mineral Corp. (OTC BB:IKAR - news; the company) Monday announced that it has terminated its letter of intent with European American Resources Inc. (EPAR).

Though EPAR represented that it had the financial capability, it has become apparent that EPAR cannot fund its due diligence obligations. Ikar will continue to explore other options in developing its Tajikistan Mineral properties.

Contact:
Ikar Mineral Corp., North Vancouver
Randall Andrus, 604/632-9771
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